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How does it work? We have a modular format, meaning you can start on any part of the 20 hours you want. Also, you can put all your time into 3 days with webinars, five days for online instructor-led courses or spread out your time over weeks or months. |
| Online Instructor-Led Format This format includes reading, questions and case study activities. You are walked through the course and are able to ask questions of the teacher through either office hours or email. The courses are offered in 3-5 day modules. You can start the modules at any time, which means you can finish in as little as 5 days or over any length of time you choose. |
Webinar Format Our webinars are offered in 2-4 hour modules. A live instructor presents and you can ask questions through a chat box. You can complete your education over 3 days or spread them out over any length of time. Webinars are available in the afternoon on Mondays, Tuesdays and Wednesdays. See our home page for the calendar of courses. |
20 Hour SAFE PE Online Instructor Led |
$299
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20 Hours of SAFE Pre-License Education
This package comes with the classes below; however, you can substitute classes with state specific education after purchase. Just call 770-792-6770.The classes included are:
Federal Law Requirement - RESPA and SAFE
In this course, we cover RESPA and the SAFE act. As with most laws, these laws are, in the end, aimed at preventing industry behavior that negatively impacts consumers such as fraud and information that is not uniform and comparable. Knowing these laws well will be critical for your business with regards to regulation, litigation and reputational challenges. This course also includes a detailed discussion of the new GFE form.
Ethics Requirement - Ethics, Fair Lending and Fraud
This part of our course provides an ethical foundation and summary for Fair Lending Laws, a summary of fraud schemes and preventative measures and, lastly, focuses on a couple of key topics in Fair Lending.
This course summarizes a broad selection of non-traditional mortgages that have been introduced over the last 30 years. Specific loan types include ARMs, IOs, NegAm Loans, Buydowns, Construction Loans, Balloons, HELOCs and Reverse Mortgages
In this course, we cover the Truth-in-Lending Act, generally known as TILA. Along with the discussion of TILA, there are several important amendments. One we will cover in depth is HOEPA and the newest MDIA updates. This course additionally details the Truth-In-Lending Disclosure, the Right to Rescission Form and the Section 32 Truth-In-Lending Disclosure.
Federal Law: Credit and InformationIn this course, we cover a number of Federal Laws and regulations that deal with the extension of credit to borrowers based on information about the borrower and the handling and use of consumer information in the mortgage industry. Specifically, we cover ECOA, FCRA/FACTA/Red Flag Rules, HMDA and the DNCIA as well as some of the key associated disclosures.
Elective - Loan BasicsThis course provides the “key elements” a loan officer needs to understand as they enter the mortgage industry. It focuses on the most critical part of the business – qualifying a customer and making the right type of loan for the right client.
We cover the "Three C's" of Credit, Collateral and Capacity, various documentation required for loans and give an overview of some basic loan products.
tychorosenfeld@mortgageeducation.com